This morning, FedEx (NYSE:FDX) declared its quarterly dividend of 15 cents per share, maintaining the amount paid to shareholders the prior quarter. Based on the current stock price, investors can expect a yield of about 0.5% going forward. Shares of FDX were higher on Friday, gaining 0.9% so far.
In other dividend news, Honeywell International (NYSE:HON) maintained its quarterly dividend of 45 cents per share. Medtronic (NYSE:MDT) maintained its quarterly dividend of 28 cents per share. And Nike (NYSE:NKE) maintained its quarterly dividend of 24 cents per share.
Among dividend increases, AIG (NYSE:AIG) announced its quarterly dividend of 12.5 cents per share, an increase of 25% over its prior dividend.
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